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Report: Mitsubishi Planning Dealer Expansion, More Models for U.S.

The Truth About Cars

With new vehicle prices having surpassed parody, any automaker building affordable vehicles may soon find themselves getting a lot of attention from customers who just want something that will work for under $40,000 and that’s basically all Mitsubishi sells. But they have no dealer nearby to make that purchase." sales market.

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How Are We Feeling About The Automotive Market These Days?

The Truth About Cars

Dealer markups may have abated to a degree, with discounts starting to manifest, but we dont really seem to be encountering the kinds of reasonable pricing North America enjoyed prior to 2020. Baby Boomers) are also starting to age out of driving, with many already having purchased their final automobile.

Market 104
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Automakers meet Oklahoma Governor and state procurement experts to explore RFP for CNG vehicles for state fleets

Green Car Congress

Representatives from automakers are meeting with Oklahoma Governor Mary Fallin and procurement experts to ask questions surrounding a recently issued multi-state request for proposal (RFP) for affordable and functional compressed natural gas (CNG) vehicles for use in state automobile fleets. —Gov.

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More Doom & Gloom On Higher MPG Standards From Car Dealers

Green Car Reports

Now a new study, funded by the National Automobile Dealers Association (NADA), suggests that those increases will prevent up to 7 million buyers from affording new cars in 2025. It's not news that new, higher fuel-economy standards will raise the cost of future cars in real dollars.

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NY Judge Pauses Ford’s EV Dealer Requirements

The Truth About Cars

Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.” In exchange, dealers are given access to demo vehicles and a factory guarantee for limited EV allocations.&

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U.S. Dealers Are Very Angry With Stellantis Leadership Right Now

The Truth About Cars

dealer network is none too pleased with the manufacturer and looks to be blaming CEO Carlos Tavares. The National Dealer Council has sent an open letter to the executive and it doesn’t pull any punches. Dealers want more investments to go toward clearing out older inventories and developing new models that would help boost sales.

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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

ZAP and Jonway Group announced they had earlier signed definitive agreements according to which ZAP will acquire 51% of Zhejiang Jonway Automobile Co. ZAP intends to acquire the remaining 49% of Jonway Automobile following completion of the first phase and following final regulatory approval. Click to enlarge.

China 218